Tom Warlick News Today

Offer. The equity markets are a little bit lower. U. K. Manufacturing data will come out later on. What is taking the ftse down . Levels of 2009. Ubs was justo onset, saying, perhaps it is all a little bit overdone in terms of the Price Movement of oil. Have got Goldman Sachs onset with you shortly. Commodity super site over . If he ever does want to do a deal for real. The whole mining complex all lower. Commodities are lower. China manufacturing misses. Oil prices are dropping. We will pick up...

These are the top stories in business and finance at this hour. China is given Global Markets a booster shot in a surprise move, Chinas Central Bank cut is bench mark Interest Rates for the First Time Since 20 12 the one year lending rate was reduced to 5. 6 . China is on track for its slowest annual growth in more than two decades. Stocks around the world shot up on that unexpected move out of china and comments from the e. C. B. President. He said Inflation Expectations in europe have fallen t...

Good afternoon. The afternoon, mark. The president from a confident president obama clearly energized by the strengthening u. S. Economy 5 growth rate we saw at the end of last year. Energized by the 50 Approval Rating he has gotten in recent weeks. He reflected that last night. He spoke with some bravado taunted republicans to some extent with his two president ial election victories. He outlined a number of ideas, many of them floated before he spoke that were quickly rejected by republicans. ...

Security threats, will be deported. Response tot those that accuse him of overreaching. The actions taken by every single republican and democratic president for the past halfcentury. Of congressbers that . Authority to make our immigration system work better, or arch and the wisdom of me acting where congress has failed, i have one answer. Pass a bill. Republican say they will use that power they had to stop the president but they do not say what they will do. Here is john boehner. The presiden...

Mario draghi said the bank may increase his stimulus. He says theyre still a risk of deflation in the euro area. That sent italian and spanish bond yields falling. Now at a record low. One of the most eloquent speakers of his time, at democrat made the case for the parties liberal wing. Former new york governor mario cuomo died yesterday, he was 82. He served as three terms as governor. His speech propelled him into the national spotlight. He was considered elected president ial candidate in 198...

The export and import numbers were toward you this morning. The euro steps bacsk from its alltime high. Denmark, portugal all off in excess of 25 . The pound is at a fiveyear low. We are waiting for u. S. Retail sales to come through. Iron ore down at 30 45 this year, 30 in the making. You are seeing the miners come under pressure. As we go to the imf, stopstart scenario. A lot of criticism of the miners. Just keep digging that stuff out of Western Australia and exporting it. Paris, lets have a ...

We will follow that very closely. We will cross back to david tweed throughout the hour. You are covering Credit Suisse. You just sat down with the ceo, brady dougan. That is right, francine. They delivered a miss on net income. We were looking for a billion swiss franc. They delivered 859 million. West Wealth Management is the other side of the story. The question will continue to be asked should they rein in the investment tanks banks . Can they rollout for the provisions . He told me no. Cred...

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